Capital Wealth Alliance LLC Sells 14,673 Shares of Sprott Physical Gold Trust (NYSEARCA:PHYS)

Capital Wealth Alliance LLC decreased its holdings in shares of Sprott Physical Gold Trust (NYSEARCA:PHYS) by 1.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 904,758 shares of the exchange traded fund’s stock after selling 14,673 shares during the quarter. Sprott Physical Gold Trust comprises about 10.7% of Capital Wealth Alliance LLC’s investment portfolio, making the stock its 2nd biggest position. Capital Wealth Alliance LLC’s holdings in Sprott Physical Gold Trust were worth $18,442,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in PHYS. Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of Sprott Physical Gold Trust by 15.9% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 48,717 shares of the exchange traded fund’s stock worth $842,000 after purchasing an additional 6,684 shares during the last quarter. Schwarz Dygos Wheeler Investment Advisors LLC boosted its holdings in Sprott Physical Gold Trust by 0.7% in the first quarter. Schwarz Dygos Wheeler Investment Advisors LLC now owns 772,517 shares of the exchange traded fund’s stock valued at $13,365,000 after acquiring an additional 5,280 shares during the last quarter. Larson Financial Group LLC boosted its holdings in Sprott Physical Gold Trust by 28.5% in the first quarter. Larson Financial Group LLC now owns 19,885 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 4,410 shares during the last quarter. Avidian Wealth Solutions LLC boosted its holdings in Sprott Physical Gold Trust by 12.2% in the first quarter. Avidian Wealth Solutions LLC now owns 54,197 shares of the exchange traded fund’s stock valued at $938,000 after acquiring an additional 5,900 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Sprott Physical Gold Trust by 2.6% in the first quarter. Geneos Wealth Management Inc. now owns 250,835 shares of the exchange traded fund’s stock valued at $4,339,000 after acquiring an additional 6,264 shares during the last quarter.

Sprott Physical Gold Trust Price Performance

Sprott Physical Gold Trust stock traded up $0.05 during midday trading on Monday, reaching $21.30. The stock had a trading volume of 591,382 shares, compared to its average volume of 2,048,733. Sprott Physical Gold Trust has a twelve month low of $15.09 and a twelve month high of $21.70. The stock’s 50-day simple moving average is $20.39 and its 200 day simple moving average is $19.11.

Sprott Physical Gold Trust Company Profile

Sprott Physical Gold Trust operates as a closed-end investment trust, which engages in investing and holding all of its assets in physical gold bullion. Its investment objective is to provide a secure, convenient, and exchange-traded investment alternative for investors through investing primarily in long-term holdings of unencumbered, fully allocated, physical gold bullion and will not speculate with regard to short-term changes in gold prices.